The Estée Lauder Companies Inc. (NYSE:EL) is S.E.E.D. Planning Group LLC’s 6th Largest Position

S.E.E.D. Planning Group LLC raised its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 14.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,993 shares of the company’s stock after buying an additional 8,028 shares during the quarter. Estée Lauder Companies comprises approximately 3.7% of S.E.E.D. Planning Group LLC’s holdings, making the stock its 6th largest position. S.E.E.D. Planning Group LLC’s holdings in Estée Lauder Companies were worth $10,019,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EL. Rakuten Securities Inc. bought a new position in shares of Estée Lauder Companies during the 4th quarter valued at approximately $26,000. Riverview Trust Co bought a new position in shares of Estée Lauder Companies during the 1st quarter valued at approximately $26,000. Sunbelt Securities Inc. boosted its position in shares of Estée Lauder Companies by 82.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock valued at $40,000 after acquiring an additional 125 shares during the last quarter. ICA Group Wealth Management LLC bought a new position in shares of Estée Lauder Companies during the 4th quarter valued at approximately $41,000. Finally, Northwest Financial Advisors bought a new position in shares of Estée Lauder Companies during the 4th quarter valued at approximately $44,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EL has been the subject of a number of analyst reports. Barclays lowered their price target on Estée Lauder Companies from $140.00 to $136.00 and set an “equal weight” rating for the company in a research report on Friday, June 14th. Morgan Stanley downgraded Estée Lauder Companies from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $164.00 to $140.00 in a research report on Friday, May 3rd. Bank of America upgraded Estée Lauder Companies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $160.00 to $170.00 in a research report on Thursday, March 28th. DA Davidson restated a “buy” rating and issued a $191.00 price target on shares of Estée Lauder Companies in a research report on Monday, April 22nd. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $155.00 target price on shares of Estée Lauder Companies in a research report on Wednesday, May 1st. Sixteen analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Estée Lauder Companies has a consensus rating of “Hold” and an average target price of $160.75.

Estée Lauder Companies Trading Down 4.0 %

NYSE:EL traded down $4.46 during trading hours on Friday, hitting $106.40. The company had a trading volume of 7,457,725 shares, compared to its average volume of 2,544,977. The Estée Lauder Companies Inc. has a 1 year low of $102.22 and a 1 year high of $198.86. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26. The company has a 50-day moving average of $126.73 and a 200 day moving average of $137.22. The company has a market cap of $38.15 billion, a P/E ratio of 59.78, a P/E/G ratio of 3.38 and a beta of 1.04.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.49. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The business had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter last year, the firm earned $0.47 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Sell-side analysts expect that The Estée Lauder Companies Inc. will post 2.22 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date was Friday, May 31st. Estée Lauder Companies’s dividend payout ratio (DPR) is 148.32%.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, EVP Jane Lauder sold 14,976 shares of the business’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the sale, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Estée Lauder Companies news, CFO Tracey Thomas Travis sold 14,493 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $135.73, for a total value of $1,967,134.89. Following the completion of the transaction, the chief financial officer now owns 47,248 shares in the company, valued at $6,412,971.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Jane Lauder sold 14,976 shares of the business’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the completion of the transaction, the executive vice president now owns 57,389 shares of the company’s stock, valued at approximately $6,958,990.14. The disclosure for this sale can be found here. Insiders sold a total of 42,255 shares of company stock worth $5,453,232 over the last ninety days. Company insiders own 12.77% of the company’s stock.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.